UnitedHealth reports 12.7% rise in quarterly profit

FAN Editor

UnitedHealth Group Inc reported a 12.7 percent rise in second-quarter profit on Thursday, as the company added more members to its health plans and revenue climbed in its Optum unit, which includes its pharmacy benefit management business.

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Net earnings attributable to shareholders rose to $3.29 billion, or $3.42 per share, in the quarter ended June 30, from $2.92 billion or $2.98 per share, a year earlier.

Total revenue rose to $60.60 billion from $56.09 billion.

(Reporting by Tamara Mathias in Bengaluru; Editing by Sriraj Kalluvila)

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